COGNIZANT OIL AND GAS CONSULTING SERVICES NORWAY AS

1366 LYSAKER

Finances

Return on Equity

1,85 %

Current Ratio

10,08

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	231 082 000	316 258 000	695 064 000	925 857 000
Net Income	16 358 000	40 281 000	91 657 000	174 996 000
Total Assets	996 952 000	1 007 499 000	1 125 941 000	1 138 019 000
Total Equity	884 498 000	888 140 000	847 859 000	756 202 000

Income (NOK)	2022	2021	2020	2019
Revenue	231 082 000	316 258 000	695 064 000	925 857 000
Expenditure	209 145 000	287 278 000	574 358 000	704 515 000
Operating Profit	21 937 000	28 980 000	120 707 000	221 342 000
Financial Income	2 000	20 502 000	28 000	0
Financial Costs	777 000	3 273 000	2 652 000	0
Financial Balance	−775 000	17 229 000	−2 624 000	0
Earnings Before Tax	21 162 000	46 209 000	118 083 000	221 342 000
Tax	4 804 000	5 927 000	26 427 000	46 346 000
Net Income	16 358 000	40 281 000	91 657 000	174 996 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	41 684 000	44 255 000	49 335 000	50 946 000
Total Current Assets	955 268 000	963 244 000	1 076 606 000	1 087 074 000
Total Assets	996 952 000	1 007 499 000	1 125 941 000	1 138 019 000
Total Retained Equity	17 236 000	20 877 000	−19 404 000	−111 061 000
Total Equity	884 498 000	888 140 000	847 859 000	756 202 000
Total Long-Term Debt	17 663 000	19 178 000	21 601 000	24 748 000
Total Current Debt	94 790 000	100 181 000	256 481 000	357 069 000
Total Equity and Debt	996 952 000	1 007 499 000	1 125 941 000	1 138 019 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	231 082 000	316 258 000	695 064 000	925 857 000
Other Income	0	0	0	0
Revenue	231 082 000	316 258 000	695 064 000	925 857 000
Cost of Goods Sold	5 091 000	24 261 000	0	0
Salary Costs	99 572 000	147 140 000	187 535 000	209 297 000
Depreciation	5 104 000	4 805 000	8 261 000	15 344 000
Impairment	0	0	1 174 000	0
Expenditure	209 145 000	287 278 000	574 358 000	704 515 000
Operating Profit	21 937 000	28 980 000	120 707 000	221 342 000
Financial Income	2 000	20 502 000	28 000	0
Financial Costs	777 000	3 273 000	2 652 000	0
Financial Balance	−775 000	17 229 000	−2 624 000	0
Dividends	20 000 000	0	0	0
Net Income	16 358 000	40 281 000	91 657 000	174 996 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	8 086 000	8 245 000	13 507 000	14 951 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	5 351 000	6 392 000	8 036 000	8 965 000
Total Tangible Assets	5 351 000	6 392 000	8 036 000	8 965 000
Total Fiancial Fixed Assets	28 247 000	29 618 000	27 792 000	27 030 000
Total Fixed Assets	41 684 000	44 255 000	49 335 000	50 946 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 573 000	0	0	0
Total Current Assets	955 268 000	963 244 000	1 076 606 000	1 087 074 000
Total Assets	996 952 000	1 007 499 000	1 125 941 000	1 138 019 000
Total Equity	884 498 000	888 140 000	847 859 000	756 202 000
Short-Term Group Debt	10 384 000	19 158 000	0	0
Total Long-Term Debt	17 663 000	19 178 000	21 601 000	24 748 000
Creditors	0	−2 020 000	112 797 000	107 172 000
Unpaid Taxes	3 811 000	1 749 000	14 076 000	42 686 000
Dividends	20 000 000	0	0	0
Other Current Debt	55 950 000	80 630 000	103 768 000	164 048 000
Total Current Debt	94 790 000	100 181 000	256 481 000	357 069 000
Total Equity and Debt	996 952 000	1 007 499 000	1 125 941 000	1 138 019 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,85 %	4,54 %	10,81 %	23,14 %
Debt-to-Equity Ratio	0,02	0,02	0,03	0,03
Operating Profit Margin	9,49 %	9,16 %	17,37 %	23,91 %
Current Ratio	10,08	9,62	4,2	3,04
Quick Ratio	10,08	9,62	4,2	3,04
Equity Ratio	0,89	0,88	0,75	0,66
Gross Profit Margin	97,8 %	92,33 %	100 %	100 %